Shannon N. Marshall 804-371-6844
May 20, 2010
DOWNTOWN TUNNEL/MIDTOWN TUNNEL/MARTIN LUTHER KING EXTENSION PUBLIC-PRIVATE TRANSPORTATION ACT PROJECT ADVANCES TO NEXT PHASE OF INTERIM AGREEMENT
Transportation Commissioner Approves Next Step in Procurement
RICHMOND – Virginia Department of Transportation (VDOT) Acting Commissioner Greg Whirley has advanced the Downtown Tunnel/Midtown Tunnel/MLK Extension Public-Private Transportation Act (PPTA) Project to the second phase of the interim agreement.
A project feasibility assessment was conducted during phase one to help determine whether the project was economically viable.
“At this stage of development, the project is technically and operationally feasible,” said Whirley. “In the months to come, VDOT and ERC will continue to negotiate and develop strategies to help eliminate uncertainties, pursue public and private sector funding opportunities and accelerate the project’s procurement.”
The move will enable the private sector partner, Elizabeth River Crossings LLC (ERC), to complete preliminary engineering work and cost estimates to support the execution of a comprehensive agreement for the design, construction, operation and maintenance of the project.
“This project will benefit the Hampton Roads region by increasing capacity; reducing congestion; providing safe and efficient operations for vehicle operators, passengers, pedestrians and cyclists and serving as an emergency evacuation route,” said Gov. Bob McDonnell. “These much-needed improvements will not only enhance safety but improve the quality of life in the region.”
VDOT is procuring the project under the provisions of the PPTA to secure private sector funds and offset the need for public allocations to fund the work.
The project improvements call for the design and construction of a parallel Midtown Tunnel, extension of the MLK Freeway between Interstate 264 and London Boulevard and improvements to the existing Midtown and Downtown tunnels.
For more information on the Downtown Tunnel/Midtown Tunnel/Martin Luther King Extension Public-Private Transportation Act Project, visit http://midtowntunnel.org.
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